Daily Archives: June 6, 2012

Photograph by Melina Mara/ The Washington Post via Getty Images

Before an afternoon meeting at the White House with Congressional leadership and the President, a member of the Gang of Six and chairman of the Senate Budget Committee, Senator Kent Conrad with reporters concerning a bipartisan deficit-reduction package put forward by the six Senators.

The ‘Gang of Six’ is back. And bigger. The six senators who proposed a bipartisan, $3.7 trillion deficit-reduction plan last summer have doubled their core membership and are working to reach consensus on a legislative draft, Senator Kent Conrad said...

“Are there any men here?” first lady Michelle Obama asked. A few amid the crowd at the “2012 Women for Obama” event called out. “All right, a few good men,” she said. “Stand proud.” So many women filled the fundraising...

Corporate America provides gems of economic wisdom in the routine business of doing business. The hidden indicators this week suggest the lackluster growth may be a long-term phenomenon. First, FedEx has decided to retire 24 more jets. The world’s largest...

If Nancy Pelosi has her way, Congress won’t get to go on vacation next week. Instead, they’ll have to stay put in Washington and work. In a letter today, the Democratic leader challenged House Speaker John Boehner to cancel the...

Republican Mitt Romney is expected to pull in millions from top Texas Republicans during a two-day swing across the state this week. At least some of that haul will be thanks to a San Antonio billionaire who used a controversial...

Bill Clinton said it — sort of. Republicans are happy to repeat it — for sure. The former president’s comments in an interview this week that Congress “will probably have to put everything off until early next year” when it...

Republican Governor Scott Walker won big in Wisconsin. Republican Mitt Romney made it known on his Twitter account that he believes the victory for the first governor to survive a recall vote “will echo beyond the borders of Wisconsin.” Yet,...

“Government does not create prosperity,” Republican Mitt Romney likes to say. Yet it certainly hasn’t impaired his prosperity, as Bloomberg’s David Lynch reports. In California, Lynch writes today, taxpayer money built one Bain company a conveyor bridge between two of its...

Regulation of pollutants and JPMorgan will dominate discussions in the nation’s capital today, along with fallout from yesterday’s elections. The Senate Banking Committee will hear from Treasury Secretary Tim Geithner and Federal Reserve, FDIC, and other market regulators on what...

The jobless rate is up. So are housing sales. Gasoline prices are down. Yet Americans are hearing more bad economic news than good. And “that could be bad news for Barack Obama,” notes Andrew Kohut, president of the Pew Research...